Ledesma-Rodríguez, Francisco J.; Navarro-Ibáñez, Manuel - Asociación Española de Economía y Finanzas … - 2005
In this paper we apply three different statistical procedures to the peseta/dollar exchange rate with the objective of …´s perspective emphasizes the divergence between de jure and de facto exchange regimes. The results seem to imply that the peseta, as … three decades of its existence. On the contrary, the peseta/dollar exchange rate moved within rather narrow fluctuation …